Exercise 7-17A (Algo) Determining cash receipts from bond issues LO 7-8, 7-9 Required Compute the cash proceeds from bond issues under the following terms. For each case Indicate whether the bonds sold at a premium or discount (Do not round intermediate calculations. Round your answers to nearest dollar amount.) Cash Proceeds a Poar, Inc. iswed 5237,000 of 10 year, 8 percent bonds at 101 b. Apple, Inc. issued 5132,000 of five-year, 12 percent bonds at 99. Cherry Comoed $153,000 of five year, 6 percent bonds at 103 1/4, d Grape, Inc. issued 571,000 of four year, 8 percent bonds at 09. Discount or Premium Premium Discount Premium Discount c